The water company was formed by the developer of the Verdi Industrial Park. In 1975 the developer sold the River Pines portion of the project to a group of Reno friends. Their intent was to build exclusive homesites along the Truckee River. Prior to selling the land the developer deeded the surface water rights to his water company. The group of friends also bought 12% interest in the water company and a commitment for all the water necessary to develop the land. When the friends bought the property they had all the water needed to develop the land.

verdi springs water company

the water company was located in the industrial park. 800 feet south of the subdivision

water rights

the water company had hundreds of acre feet of truckee river water rights and water permits for the verdi spring